Aggregated price index with volume information
Summary:
- Wineries stocks up 2.5% on average while median return up 0.8% in a day
- Wineries stocks up 3.2% on average while median return up 2.8% in a week
- Wineries stocks down 3.2% on average while median return down 3.8% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
- 1M winners are : Winners for past month are
- 1M losers are : Losers for past month are $WVVI -5.6%
- 1W winners are : Winners for past week are $WVVI 7.5%
- 1W losers are : Losers for past week are $STZ -0.6%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 29.5%, for the past 3 months is 26.2%
In the past month for a 5 days rolling window, the highest corrrelation is 78.3%, the lowest correlation is -42.7%, the latest correlation is 24.0%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 38.9% between STZ and WVVI
The lowest correlation is 22.5% between DEO and STZ
In this article, we are going to discuss the 15 largest beer companies in the world. You can skip our detailed analysis of the global beer market, the total beer output around the globe, and the impact of the Russia-Ukraine war on the international beer industry, and go directly to the 5 Largest Beer Companies […]
Get ready to marvel at the ginematic universe with six new limited-edition Aviation American Gin bottles inspired by Marvel Studios' "Deadpool & Wolverine," in US theaters July 26. To celebrate the release of the film, Aviation American Gin is giving fans (21+) the opportunity to dive headfirst into the action with the launch of limited-edition bottles rolling out at retailers nationwide and in select countries globally starting early this summer.
VICTOR, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that its indirect, wholly-owned subsidiaries, Greenstar Canada Investment Limited Partnership (“Greenstar”) and CBG Holdings LLC (“CBG”), have converted (the "Conversion”) their common shares (“Common Shares”) of Canopy Growth Corporation (“Canopy”) into non-voting and non-participating exchangeable shares of Canopy (“Exchangeable Shares”). The amendment to
It's not every day you're offered a better deal than Buffett got.
New CÎROC Limonata continues its latest campaign just in time for the summer – Escape with Flavor. Released in February, the newest flavor innovation, CÎROC Limonata invites consumers to escape with flavor and embrace the essence of a Mediterranean vacation – anytime, anywhere.
Just in time for the warmer months, Crown Royal has partnered with award-winning, multi-platinum country music artist, Kane Brown, as the official whisky of Brown's In The Air Tour. The brand is joining the current ACM Entertainer of the Year Nominee across the country as part of this exclusive sponsorship, bringing its award-winning whisky and Purple Bag Project to several tour stops. Not only will Brown and Crown Royal be serving up delicious cocktails, but together have officially announced t
Constellation Brands, Inc. (NYSE:STZ) Q4 2024 Earnings Call Transcript April 11, 2024 Constellation Brands, Inc. beats earnings expectations. Reported EPS is $2.26, expectations were $2.08. Constellation Brands, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and welcome […]
Investors may keep a tab on stocks like CSWI, TRGP, STZ, FUL and SKT, which have lately hiked their dividend payments.
Despite a decline in the wine and spirits business, Constellation Brands (NYSE: STZ) outperformed its expectations with beer sales with its latest quarterly report. Constellation Brands, whose operations span across the U.S., Mexico, New Zealand, and Italy, delivered a stronger than expected fourth quarter profit, with management indicating that the segment greatly contributed to its success over the fiscal year. Fourth Quarter Highlights For the quarter that ended in February, Constellation Bra
Today Balcones Distilling unveils its new campaign, titled "Whisky from a New Perspective", inspired by the distillery team's artistic and fresh approach to whisky-making.